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Arabs buy up diamonds
- Tuesday, August 01 - 2006 at 07:47
The diamond jewellery market in the Gulf has increased by 47% in four years, with Arab nationals now spending close to $2bn a year on diamonds, a senior De Beers Group official told Gulf News. Diamond jewellery sets, at an average price of $6,000 a piece, make up 55% of diamond jewellery sales.
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James McInerney, News EditorTuesday, August 01 - 2006 at 07:47 UAE local time (GMT+4)
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